Word: grossness
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Dates: during 1960-1969
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...offset a deficit that could run as high as $25 billion - even after the cutback in expenditures - and bolster sagging international confidence in the dollar. During the second quar ter of 1968, the U.S. economy is expected to equal the first quarter's $20 billion leap forward in gross national product. With no rein on the economy, Johnson reasoned, inflation could lop 40 off every dollar's purchasing power during the year and help price U.S. exports out of world markets; tight money induced by Government borrowing to meet current bills could squeeze interest rates...
...Freeman demanded equal time from the network to refute the "greatest abuse ever seen on the tube" and "to assure the hungry of this nation that the Department of Agriculture is doing what it can for them-and wants to do a great deal more." He charged CBS with "gross errors of fact," but the network disagreed and denied Freeman's request. "We were right," answered CBS News President Richard Salant. Besides, "equal time only applies to candidates for public office, and I don't know what Freeman is running...
Much of what ailed Gaullist France was economic. Under De Gaulle, the gross national product has more than doubled, from $49 billion in 1958 to about $108 billion in 1967?at the cost of much stress. De Gaulle hoarded gold, attacked the dollar, and did his best to keep the franc invulnerable. The nation's growth rate, which had climbed above 7% in the early 1960s, last year sank to about 3.5%. Consumer prices have shot up 39% since 1958 v. only 18% for the U.S. For a while, the workers shared in the fruits of Gaullism, and many bought...
Along the third base line traffic was light to moderate around the McCarthy headquarters. Further up the line draft information was being dispensed and Resistance buttons sold indescriminately. Peace Pets were also on display: a kitty-litter of (predictably) kittens, a dozen dogs, one waterlogged turtle, two gross of goldfish, and a dove were up for grabs...
...Neurotic. The country's astonishing postwar recovery-Japan last year achieved a $114 billion gross national product, ranking only after those of the U.S., Russia and West Germany -has been nurtured in a sort of industrial hothouse, where government controls have fended off competing goods and capital from abroad. Now, under pressure from Japan's world trading partners, the government has begun the first of several "liberalization" steps to knock down barriers to foreign capital...